Build real time Web3 applications
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It optimizes the latency of information transported over the Internet among peers and enables a network to stream messages in real time.
BIT protocol is designed to thrive in event-driven computing environments, where its implementation could significantly influence the performance outcomes, particularly in scenarios where time efficiency is critical to the success of applications.
BIT protocol incentivizes information creation by enabling data transformations. Developers can write these transformations and connect to any stream across the network.
The BIT protocol prioritizes real-time responsiveness, outperforming centralized systems by locating providers in close proximity to the consumer
Competing producers within the network ensure the high availability of both the network infrastructure and the information
An additional logic that transforms the stream, they can be developed by any individual and deployed by node-running producers
At Bitquery, we work with blockchain data at scale. Yet the challenge of enabling real-time data accessibility has consistently intrigued us. To address this, we’ve engineered ultra-low latency streaming infrastructure. However, to push the boundaries, we are exploring a decentralized infrastructure. This pursuit has led to the development of the BIT protocol.
We’ve integrated streaming functionalities directly into the blockchain nodes. As a result, by running our modified node client, users can maintain their current operations while also unlocking the potential to generate extra income through participation in the BIT network.
Attract projects seeking to broadcast their DApp data in real-time, implement their data transformations, and monetize these streams.
How it will take shape
Testnet will serve as a crucial milestone in the development. During this phase, developers and enthusiasts will have the opportunity to explore, test, and provide feedback on the functionality and performance of the BIT Protocol in a simulated environment